Bloomberg reports that Apple will reduce recruiting in 2023, making it the most recent major tech corporation to change its employment strategy.
Bloomberg notes that while not every club would be impacted, some won’t have more employees next year and certain vacancies won’t be filled. Additionally, Apple is still getting ready for the 2023 release of its long-rumored mixed reality headgear. An inquiry for comment was not immediately answered by the business.
In recent weeks, a lot of IT businesses have made hiring adjustments. Sundar Pichai, CEO of Google, told colleagues of a recruiting slowdown. The chief product officer of Meta ordered a hiring freeze for specific positions and warned staff that “difficult times” were ahead. In a message, Uber CEO Dara Khosrowshahi promised to be “hardcore about expenses.” And in April, Bloomberg reported that Apple has reduced the number of Genius hires at some of its retail locations.
Layoffs have also had an impact on several businesses. Even though recruiting has already slowed, Vimeo CEO Anjali Sud just today revealed that the firm will be cutting off 6% of its workforce. Twitter, Netflix, Tesla, Substack, and other companies recently had to make layoffs as well.